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Colombia’s General Government Debt

#10 of 86 in the General Government Debt progress rankings

Expressed as the ratio of total public debt to GDP, this indicators covers obligations of central, state, and local governments. It provides an overall picture of fiscal pressure and sustainability, showing the burden of public liabilities on the economy (lower is better).

Latest (2023)
54.3 %
Year-over-year
-5.7 %
Change since start (1996→2023)
+31.0 %

Key insights

  • From 1996 to 2023, General Government Debt changed by +31.0 %.
  • Most recent year-over-year change (2022→2023): -5.7 %.
  • Lowest level: 23.3 % in 1996.
  • Highest level: 65.7 % in 2020.

General Government Debt Chart (1996–2023)

*Average based on available data from 193 UN member countries

General Government Debt Table (1996–2023)

General Government Debt — Colombia
Year General Government Debt
1996 23.3 %
1997 25.3 %
1998 27.4 %
1999 34.0 %
2000 38.0 %
2001 41.1 %
2002 47.5 %
2003 45.0 %
2004 41.5 %
2005 38.5 %
2006 36.0 %
2007 32.7 %
2008 32.4 %
2009 35.4 %
2010 36.5 %
2011 35.8 %
2012 34.0 %
2013 37.6 %
2014 43.3 %
2015 50.4 %
2016 49.8 %
2017 49.4 %
2018 53.6 %
2019 52.4 %
2020 65.7 %
2021 64.0 %
2022 60.1 %
2023 54.3 %

Source: IMF DataMapper